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surety bonds

Surety bonds are three-party instruments by which one party (the Surety) guarantees or promises a second party (the Obligee) the successful performance of a third party (the Principal).

A surety bond is an agreement in writing that usually provides for monetary compensation should there be a failure by the Principal to perform specified acts within a stated period.

types of bonds

construction bonds

  • bid
  • performance
  • payment
  • maintenance
  • supply
  • retention

commercial bonds

  • license & permit
  • court
  • miscellaneous
  • notary
  • ERISA

subdivision bonds

  • site improvement
  • maintenance/warranty
  • migration/habitat

We have appointments with and direct access to the top 10 national surety carriers, including the executives who are the ultimate decision-makers.

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